en-usMoney Makers RSS FeedMoney MakersTue, 03 Mar 2015 18:26:06 +0000Bizjournals RSShttp://www.bizjournals.com
American City Business Journals, Inc. and its licensors. All rights. reserved.http://www.bizjournals.com/houston/blog/money-makers/2015/03/bank-to-launch-aggressive-houston-branch-expansion.htmlBank to launch aggressive Houston branch expansion this yearMon, 02 Mar 2015 14:18:36 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/03/bank-to-launch-aggressive-houston-branch-expansion.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5198051/ryan-colburn*100xx1500-1500-0-38.jpg">Birmingham, Alabama-based Regions Financial Corp.'s banking subsidiary, Regions Bank, plans to roughly double its branch presence in Houston over the next three to five years, starting with a new branch going up this year north of the bank's Atascocita branch in northeast Houston.
"Everything is on the table, " said Ryan Colburn, Houston market president at Regions, meaning Regions will consider all manners of expansion, including the acquisition of existing branches from other banks and building…http://www.bizjournals.com/houston/blog/money-makers/2015/02/the-oil-price-downturn-will-hit-these-houston-jobs.htmlThe oil price downturn will hit these Houston jobs the hardestMon, 23 Feb 2015 20:51:08 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/the-oil-price-downturn-will-hit-these-houston-jobs.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5091751/531547200ecacpreview-300*100xx300-300-0-4.jpg">Certainly low oil prices have hit Houston oil and gas jobs, but not all jobs are created equal. There are certain levels and functions within the broadly affected sectors that are more at risk than others, according to a recent metro-area forecast from the University of Houston.
"Right at the top of the list, you have oil producers and oilfield services," said Bill Gilmer, director at the Institute for Regional Forecasting at the University of Houston's Bauer College of Business. But it's not just…http://www.bizjournals.com/houston/blog/money-makers/2015/02/the-most-dangerous-jobs-in-houston-arent-in.htmlThe most dangerous jobs in Houston aren't in construction or energyFri, 20 Feb 2015 16:30:59 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/the-most-dangerous-jobs-in-houston-arent-in.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5107351/hbjjimadler004*100xx3744-3755-0-1605.jpg">While nursing may not be one of the deadliest jobs in Texas, it is certainly one of the most hazardous, according to the latest data from the U.S. Bureau of Labor Statistics.
In Texas, health care and social assistance workers in the public sector reported, on average, 3.3 cases of nonfatal occupational injury or illness per 100 workers in 2013, whereas manufacturing and construction reported 3.0 and 2.4 cases per 100 workers respectively.
Start your day with Houston Business Journal news in…http://www.bizjournals.com/houston/blog/money-makers/2015/02/oil-price-slump-hits-houstons-credit-market.htmlOil price slump hits Houston's credit marketThu, 12 Feb 2015 19:08:25 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/oil-price-slump-hits-houstons-credit-market.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/288381/moneypile*100xx309-309-3-0.jpg">As Houston's smaller upstream oil and gas companies already know, falling oil prices have hit Houston's credit market, as banks in Houston can attest.
Credit for smaller upstream oil and gas companies is tight, said executives at Amegy Bank, a subsidiary of Zions Bancorporation (Nasdaq: ZION) and Allegiance Bank Texas, the banking subsidiary of Allegiance Bancshares Inc.
"In the energy segment, credit will get tighter until uncertainty in oil prices goes away," said Joe Argue, chief lending officer…http://www.bizjournals.com/houston/blog/money-makers/2015/02/one-of-houstons-largest-money-management-firms-to.htmlOne of Houston's largest money management firms to acquire California firmWed, 11 Feb 2015 19:33:32 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/one-of-houstons-largest-money-management-firms-to.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5047491/lee-partridge-headshot-2014*100xx364-364-0-0.png">Salient Partners LP, one of Houston's largest money management firms announced plans to acquire San Francisco-based money management firm Forward Management LLC on Feb. 11.
Salient, which ranks second on the Houston Business Journal's List of largest Houston-area money management firms, began earnest talks with Forward in the fourth quarter of last year, said Lee Partridge, CIO at Salient.
The financial details of the deal were not disclosed, but Salient's combined assets under management will…http://www.bizjournals.com/houston/blog/money-makers/2015/02/exclusive-houston-search-firm-and-consultancy.htmlExclusive: Houston search firm and consultancy partner to help downsized energy workers find jobsMon, 09 Feb 2015 20:47:18 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/exclusive-houston-search-firm-and-consultancy.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5033511/brian-pic*100xx150-150-0-0.jpg">Houston-based Search Group International and Houston-based fikser.us have formed a partnership to access the influx of newly displaced energy professionals and place them in positions with their respective middle-market clients.
Search Group International specializes in talent placement for midmarket companies while fikser.us consults companies on strategies for going to market for buyers or acquisition targets.
"We think that the layoffs that are going through the oil and gas community in Houston…http://www.bizjournals.com/houston/blog/money-makers/2015/02/houston-energy-private-equity-deals-surged-in-2014.htmlHouston energy private equity deals surged in 2014Fri, 06 Feb 2015 20:43:09 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/houston-energy-private-equity-deals-surged-in-2014.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/4996041/atherton-headshot*100xx750-750-0-13.png">Deals between energy companies and private equity firms shot up in 2014, according to an annual report from Houston-based GulfStar Group, an investment banking firm specializing in middle market companies.
Falling oil prices are likely to add to the deal volume of 2014 in the coming year, but changes where on the energy supply chain investors and buyers put their money, said Cliff Atherton, managing director at GulfStar Group.
The strength in deal volume that may have been overly weighted toward…http://www.bizjournals.com/houston/blog/money-makers/2015/02/take-advantage-of-the-oil-slump-move-your-wealth.htmlTake advantage of the oil slump; move your wealth nowFri, 06 Feb 2015 17:58:09 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/take-advantage-of-the-oil-slump-move-your-wealth.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/5004441/donahostephaniehires*100xx528-528-0-0.jpg">Falling oil prices may not have Houston's high net worth individuals trying to hide assets from creditors just yet, but the drop in oil asset values should prompt the wealthy to consider moving wealth now instead of later, said Stephanie Donaho, partner and estate lawyer at the Houston office of Locke Lord LLP.
Individuals can transfer up to $5.5 million in wealth to next generations that's exempt from gift and estate taxes, $10.63 million for married couples, before the value of the wealth get…http://www.bizjournals.com/houston/blog/money-makers/2015/02/u-s-capital-advisors-settles-multimilliondollar.htmlU.S. Capital Advisors settles multimillion-dollar skirmish with Exxon retireesMon, 02 Feb 2015 20:51:41 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/02/u-s-capital-advisors-settles-multimilliondollar.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/4969601/photogragh-taken-of-tom-fulkerson-by-evin-thayer-head-shot-2*100xx667-669-0-86.jpg">Houston-based U.S. Capital Advisors LLC reached a deal with the 19 Exxon Mobil Corp. (NYSE: XOM) retiree plaintiffs that landed the financial services company in a $3.8 million-Financial Industry Regulatory Authority arbitration ruling in November.
The agreement consisted of vacating the original arbitration ruling — which undermines the claims contained in the ruling — in exchange for swift payment of a slightly discounted amount totaling $3.6 million, a roughly 10 percent discount from what…http://www.bizjournals.com/houston/blog/money-makers/2015/01/houston-wealth-management-firm-acquires-car.htmlHouston wealth management firm acquires car dealership, creates new divisionMon, 26 Jan 2015 20:32:33 +0000Suzanne Edwardshttp://www.bizjournals.com/houston/blog/money-makers/2015/01/houston-wealth-management-firm-acquires-car.html?ana=RSS&s=article_search
<img src="http://media.bizj.us/view/img/3131/badartaseer*100xx3269-3268-0-58.jpg">Houston-based ZT Wealth alluded to its plans to get into the luxury car game in September when selected as a finalist for the Houston Business Journal's 100 Fastest Growing Companies, and now has followed through with an $80 million acquisition of Fort Walton Beach, Florida-based Quality Imports Inc.
The acquisition also marks the launch of ZT Motors Holding LP, a new division of the wealth management firm known for diversifying into sectors not typically associated with wealth management firms,…